Re: Starting out with $100 - advice needed
My personal rule for bankroll management is 2%. I only allow myself to buy in to tournaments for 2% of my bankroll or less.
An easy way to calculate 2% is, move the decimal two places to the left and then double that number. For example. You have $100.00 Move the decimal over 2 spots you get $1. Double that number you get $2. It is safe for you to play a $2 tournament with a $100 bankroll. Once you work your way up to $250, you can play for $5 and so on. If you have a solid game, before you know it you'll be buying into $100 tournaments ;-)
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